01705cas a2200253 a 4500 AALejournalIMF001226 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451850871 1018-5941 BD-DhAAL BD-DhAAL Dayal-Gulati, Anuradha. Centripetal forces in China's Economic Take-Off / Anuradha Dayal-Gulati, Aasim Husain. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper uses provincial time series data from China to empirically investigate two propositions relating to economic development: (i) that economic takeoff is associated with technological transfer through foreign direct investment (FDI); and (ii) that takeoff is accompanied, at least in the short term, by widening income inequality. The results indicate that FDI flows have increased the rate of convergence in per capita incomes across China's provinces. However, the pattern of FDI, which has gone mainly to the relatively wealthy provinces, has caused different provinces to converge to different steady states. Mode of access: Internet Husain, Aasim. IMF Working Papers; Working Paper ; No. 2000/086 Full text available on IMF http://elibrary.imf.org/view/journals/001/2000/086/001.2000.issue-086-en.xml IMF e-Library